Video: A brief history of Basic Income

This video shows a brief history of Basic Income and by whom the idea was supported during the time. It is based on BIEN’s article “The history of basic income”, which is anon based on chapter 1 of L’allocation universelle by Yannick Vanderborght and Philippe Van Parijs.

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Rentier Capitalism, the Precariat and Basic Income for China

Throughout history, capitalism has evolved, changing character and changing the class structure defining each era. The changes in the 20th century can be understood by reference to what Karl Polanyi called the Great Transformation. Briefly, in his formulation, in the 19th century, mainly in Britain, there was an initial period in the evolution of industrial capitalism that was dominated by financial capital, in which old systems of distribution, regulation and social protection were dismantled, in what we would call the pursuit of a ‘free market economy’. 

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